Mid-range credit scores – from 700 to 739 – accounted for 21.3 percent of Fannie and Freddie business last year.

To understand the plight of the publicly traded REO vendor, you first have to understand where it came from...

ICBA also suggested extending QM exceptions to more community banks by raising the threshold number of loans small lenders can originate each year.

So, how come Freddie has conducted a handful of NPL sales thus far and Fannie Mae has not?

Some banks have already been doing loan closings themselves...

Loan modification tactics varied based on whether a mortgage was serviced for Fannie/Freddie or was non-agency in nature.

Few lenders are counting on a reduction in the current “ongoing” GSE fee, which increased from 13 basis points in 2009 to 40 bps in 2013.

The selling depository – which MVSG did not name – prefers to retain servicing, but will consider an outright sale.

Mortgage companies repurchased or provided indemnification to Fannie and Freddie on some $4.046 billion of mortgages during 2014.

Total VA volume for the entire year was $112.0 billion in purchase and refinance loans.